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Showing 121 - 130 of 696 results for "Custodian"

Fintech predictions for 2023: Finura

CASSANDRA BALDINI  |  TUESDAY, 31 JAN 2023
Finura Group said it expects to see six key themes emerge this year for technology in the financial services industry. In its Wealth Tech Predictions 2023 report, the global technology consultant said wealth professionals are confronted with both headwinds ...

NZ sovereign wealth fund, Northern Trust extend relationship

CHLOE WALKER  |  TUESDAY, 20 DEC 2022
... Northern Trust's credentials and confirmed its suitability as an important service provider to the fund. "A fund's custodian plays a vital role in safeguarding the assets of the fund and protecting the interests of investors and future beneficiaries ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... Before, super funds could rely heavily on their asset manager for investment management operations in partnership with the custodian. Now, they must also oversee the outsourced operations of the middle office (or its insourced equivalent), "You can't ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
One of Sam Sicilia's pet themes is that the forces of technology are deflationary, and they will inevitably kick in to be a dominant influence. The Hostplus investment chief has been on this tear for some time and hasn't changed his mind despite ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
... lightly," NAB executive asset servicing John Comito said. He added that the business recognises the appointment of a new custodian is an important decision for existing clients. "We are focused on continuing to meet our clients' obligations at the ...

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
ANZ has agreed to pay $42 million to settle a class action regarding consumer credit insurance (CCI) products. Commonwealth Bank has also reached a settlement for a similar matter. Slater and Gordon filed the class action against ANZ, OnePath Life ...

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... sure of their footing will be watching Vanguard Super very closely." Vanguard Super's administrator is GROW, its custodian is JPMorgan, and its group insurer is AIA Australia.

Rest extends custody mandate with State Street

CASSANDRA BALDINI  |  TUESDAY, 8 NOV 2022
... performance, and analytics. As well as, tax and regulatory reporting, and loan servicing. State Street has served as the fund's custodian since 2011. In February last year, the relationship was expanded when Rest engaged State Street company Charles ...

Australian Retirement Trust names State Street as custodian

JAMIE WILLIAMSON  |  MONDAY, 7 NOV 2022
Australian Retirement Trust has appointed State Street as its custodian and administrator. The $175 billion superannuation fund has confirmed the mandate, chief financial officer Anthony Rose commenting: "After a comprehensive and thorough tender process ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
The prudential regulator has placed additional conditions on Insignia Financial's RSE licence over governance and risk management issues, including delaying the transfer member benefits to other funds. The additional conditions apply to IOOF Investment ...